The Korea Technology Guarantee Fund (KOTEC) announced that it held the 3rd '2026 Business Succession M&A Bridge Forum' on September 21 at the KBIZ Hall of the Korea Federation of Small and Medium Businesses in Yeongdeungpo, Seoul.
The forum aimed to provide small and medium-sized enterprises (SMEs) preparing for business succession through mergers and acquisitions (M&A) with information on related systems, tax changes, and support programs, enhancing their understanding of M&A to facilitate smooth business transitions.
More than 140 participants attended the event, including representatives from SMEs in the metropolitan area, M&A brokerage firms, and financial institutions. The forum featured presentations on M&A trends in business succession, case studies, information on support programs, and on-site consultations with experts in various fields.
During the presentation on M&A trends, Samil PwC and law firm Byeol shared insights on the current state of business succession among domestic SMEs and key legal issues. Zeta Plan Invest and Intercapital Partners presented important considerations and strategies for utilizing M&A based on successful case studies.
Accounting firm Aurum provided a detailed introduction to the newly established 'Third-Party Business Succession Tax Special Provisions' announced by the government, outlining the eligibility requirements, tax benefits, and post-management conditions for both sellers and buyers.
Additionally, Samsung Fire & Marine Insurance introduced the Representations and Warranties Insurance (R&W Insurance) system, explaining potential risks and management strategies that may arise during M&A transactions. KOTEC also outlined its key support programs, including M&A guarantees, technology escrow, trade secret protection, and business succession consulting.
In the latter part of the event, one-on-one consultations were held between M&A brokerage firms, commercial banks, and KOTEC. Participating companies had the opportunity to consult directly with experts on various aspects of business succession, including M&A brokerage, guarantees, financial support, and legal advice.
Lee Sang-chang, Executive Director of KOTEC, stated, "Business succession M&A is a crucial means for SMEs to continue their accumulated technology and management know-how, enhancing the sustainability of businesses. KOTEC will continue to expand regional forums to widely disseminate necessary information and support systems, and we will do our utmost to ensure that business succession M&A proceeds smoothly in collaboration with specialized institutions."
Since establishing a public-private partnership-based M&A support system in March 2025, KOTEC has provided comprehensive support services throughout the M&A process for SMEs wishing to succeed their businesses, including connecting sellers and buyers, business valuation, technology protection, and legal, accounting, and tax advisory services. Following three forums held this year targeting companies in the Yeongnam, Chungcheong, and Honam regions, KOTEC plans to further expand the forums nationwide next year to better reflect the challenges and needs of businesses and to strengthen support for business succession M&A.
The forum aimed to provide small and medium-sized enterprises (SMEs) preparing for business succession through mergers and acquisitions (M&A) with information on related systems, tax changes, and support programs, enhancing their understanding of M&A to facilitate smooth business transitions.
More than 140 participants attended the event, including representatives from SMEs in the metropolitan area, M&A brokerage firms, and financial institutions. The forum featured presentations on M&A trends in business succession, case studies, information on support programs, and on-site consultations with experts in various fields.
During the presentation on M&A trends, Samil PwC and law firm Byeol shared insights on the current state of business succession among domestic SMEs and key legal issues. Zeta Plan Invest and Intercapital Partners presented important considerations and strategies for utilizing M&A based on successful case studies.
Accounting firm Aurum provided a detailed introduction to the newly established 'Third-Party Business Succession Tax Special Provisions' announced by the government, outlining the eligibility requirements, tax benefits, and post-management conditions for both sellers and buyers.
Additionally, Samsung Fire & Marine Insurance introduced the Representations and Warranties Insurance (R&W Insurance) system, explaining potential risks and management strategies that may arise during M&A transactions. KOTEC also outlined its key support programs, including M&A guarantees, technology escrow, trade secret protection, and business succession consulting.
In the latter part of the event, one-on-one consultations were held between M&A brokerage firms, commercial banks, and KOTEC. Participating companies had the opportunity to consult directly with experts on various aspects of business succession, including M&A brokerage, guarantees, financial support, and legal advice.
Lee Sang-chang, Executive Director of KOTEC, stated, "Business succession M&A is a crucial means for SMEs to continue their accumulated technology and management know-how, enhancing the sustainability of businesses. KOTEC will continue to expand regional forums to widely disseminate necessary information and support systems, and we will do our utmost to ensure that business succession M&A proceeds smoothly in collaboration with specialized institutions."
Since establishing a public-private partnership-based M&A support system in March 2025, KOTEC has provided comprehensive support services throughout the M&A process for SMEs wishing to succeed their businesses, including connecting sellers and buyers, business valuation, technology protection, and legal, accounting, and tax advisory services. Following three forums held this year targeting companies in the Yeongnam, Chungcheong, and Honam regions, KOTEC plans to further expand the forums nationwide next year to better reflect the challenges and needs of businesses and to strengthen support for business succession M&A.
* This article has been translated by AI.
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